shipping disruptions

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    India's Jaishankar Discusses West Asia Situation with UAE's Indian Community

    Abu Dhabi, April 11 External Affairs Minister S Jaishankar began his official visit to the UAE on Saturday by interacting with members of the Indian Community.Jaishankar, who is on a two-day visit to the UAE, is expected to focus on exchanging views on the West Asia conflict."Started my...
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    PM Modi Addresses West Asia Situation with Sri Lanka Leader

    New Delhi, March 24 Prime Minister Narendra Modi spoke to Sri Lanka President Anura Kumara Dissanayake on Tuesday and discussed the evolving situation in West Asia, with particular focus on disruptions affecting global energy security.After his telephone conversation with the Sri Lankan...
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    Oilmeal Exports Face Challenges Amid Global Disruptions

    New Delhi, March 19 India's oilmeal exports to China surged over 20-fold to 7.79 lakh tonnes in the first eleven months of this fiscal, following higher demand due to lower prices compared to competitors, according to industry body SEA data.The Solvent Extractors' Association of India (SEA)...
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    IMO to Address Shipping Disruptions Amid West Asia Crisis

    March 18, New Delhi — The International Maritime Organization (IMO) is scheduled to hold an extraordinary session in London to address growing concerns over global shipping disruptions amid the West Asia conflict.The meeting comes as tensions around the Strait of Hormuz intensify, raising...
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    Strait of Hormuz Tensions Rise Amid Trump's Warning

    March 14, New Delhi: Donald Trump has warned Iran that the United States could strike oil infrastructure on Kharg Island if Tehran continues to disrupt shipping through the Strait of Hormuz.Trump said that the U.S. had already carried out strikes on military targets on Kharg Island but...
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    Shipping Route Under Threat: Pentagon Attributes Disruptions to Iran

    Washington, March 13 – The Pentagon stated on Friday that Iran, not the United States or its allies, was responsible for disruptions to commercial shipping in the Strait of Hormuz, one of the world’s most critical energy corridors.At a Pentagon news conference, U.S. Defense Secretary Pete...
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    Jones Act Waiver Under Review as Shipping Disruptions Mount

    Washington, March 13 – Facing a sharp rise in fuel prices and disruptions in global shipping routes, the White House is considering a temporary waiver of the century-old Jones Act to allow more vessels to deliver energy and agricultural supplies to US ports.Press Secretary Karoline Leavitt...
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    Tea Industry Faces $10M Weekly Loss Due to Middle East Conflict

    Colombo, March 12 Sri Lanka's tea industry is facing severe disruptions as the ongoing military conflict in the Gulf region has adversely impacted shipments to one of its largest export markets, with exporters estimating a revenue loss of USD 10 million per week.The exporters are unable to...
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    Energy Ministers Discuss Global Oil Supply Concerns

    March 10, New Delhi — G7 energy ministers will discuss how to address soaring energy prices caused by the conflict in the Middle East on a call on Tuesday, while a group of European Union leaders will do so later in the day.Oil prices fell on Tuesday after reaching their highest level in more...
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    Rice Exporters Face Rising Costs Amid Middle East Instability

    New Delhi, March 5 Rice exporters have sought urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability across key maritime routes, according to a representation submitted by the Indian Rice Exporters Federation (IREF).The Federation, in...
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    Rice Exporters Urged to Avoid CIF Contracts Amid West Asia Tensions

    Kolkata, March 1 An association of Indian rice exporters advised its members on Sunday to avoid entering into new "cost, insurance, and freight" (CIF) contracts with Iran and Gulf destinations amid escalating tensions in West Asia, warning that the situation could disrupt shipments and sharply...
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